Manufacturing Activity Strengthened in May

Manufacturing Activity Strengthened in May Manufacturing activity strengthened in May, according to the most recent Federal Reserve Bank of Richmond Fifth District Survey of Manufacturing Activity report. All three component indexes-shipments, new orders and employment-reflected growth. The Chicago Fed National Activity Index (CFNAI) Declined in April The Chicago Fed National Activity Index (CFNAI) declined to [...]

2021-06-05T07:40:31-04:00A View|

Chicago Fed National Activity Index Rose in March

Chicago Fed National Activity Index Rose in March The Chicago Fed National Activity Index rose to +1.71 in March from -1.20 in February.  Led by improvements in, personal consumption and housing related indicators, the index's three-month moving average (CFNAI-MA3) moved up to +0.40 in March. US Raw Steel Production Up 0.5% from Previous Week In [...]

2021-05-07T13:44:58-04:00A View|

Texas Manufacturing Activity Accelerated in February 2020

Texas Manufacturing Activity Accelerated in February 2020 Texas manufacturing activity accelerated, according to the Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey for February 2020, according to executives responding to the survey. The Production Index, a key measure of state manufacturing conditions, rose by 6 points, suggesting stronger output growth than in January. Other [...]

2020-03-19T14:28:08-04:00A View|

Housing Starts Rose in November

Housing Starts Rose in November Single family housing starts rose 2.4% in November, multi-family starts by 4.9% and overall building permits rose 1.4%. Wells Fargo November existing home sales declined 1.7% in November but are still up 2.7% over the year. Sales should continue to improve with support from lower mortgage rates though inventory shortages [...]

2020-01-02T22:03:36-05:00A View|

Chicago Fed National Activity Index Fell in July

Led by Declines in Production-Related Indicators, the Chicago Fed National Activity Index Fell in July Led by declines in production-related indicators, the Chicago Fed National Activity Index fell to -0.36 in July from +0.03 in June. All four broad categories of indicators that make up the index decreased from June, and all four categories made [...]

2019-09-04T16:21:50-04:00A View|

LEI Increased 3 Consecutive Months

LEI Increased 3 Consecutive Months The LEI increased 3 consecutive months, according to the Conference Board Leading Economic Index (LEI) for the US, which showed an increase of 0.2 percent in April following a 0.3 percent increase in March and a 0.2 percent increase in February. The US LEI rose in April, the third consecutive [...]

2019-05-29T12:30:01-04:00A View|

Chicago Business Barometer Signaled Expansion 33 Consecutive Months

Chicago Business Barometer Signaled Expansion 33 Consecutive Months The MNI Chicago Business Barometer surged to an eleven month high in November, up 8 points from October. The months result, sitting above the neutral 50-mark, means the Barometer signaled expansion 33 consecutive months. Driving the November increase were soaring orders and higher output. After easing in [...]

2018-12-03T15:20:10-05:00A View|

Leading Economic Index Increased in September

The Conference Board Leading Economic Index Increased in September  The Conference Board Leading Economic Index (LEI) for the US increased 0.5 percent in September following a 0.4 percent August increase and a 0.7 percent increase in July. The LEI improved further in September, suggesting the US business cycle remains on a strong growth trajectory heading into [...]

2018-10-30T10:42:29-04:00A View|
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